Petat Finans A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Petat Finans A/S
Petat Finans A/S (CVR number: 38027174) is a company from AARHUS. The company recorded a gross profit of -314.5 kDKK in 2024. The operating profit was -1716.9 kDKK, while net earnings were -1229 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60 %, which can be considered poor and Return on Equity (ROE) was -115 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Petat Finans A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 355.58 | 1 527.70 | 2 093.60 | 619.35 | - 314.52 |
EBIT | 412.70 | - 322.13 | 683.34 | - 883.86 | -1 716.92 |
Net earnings | 337.92 | - 300.25 | 574.75 | -1 013.76 | -1 228.99 |
Shareholders equity total | 1 432.06 | 1 131.82 | 1 706.57 | 692.81 | - 536.18 |
Balance sheet total (assets) | 2 491.73 | 2 788.66 | 3 699.17 | 3 739.68 | 1 444.83 |
Net debt | 421.83 | 566.23 | 1 544.14 | 2 636.56 | 440.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.9 % | -9.6 % | 23.2 % | -22.5 % | -60.0 % |
ROE | 26.8 % | -23.4 % | 40.5 % | -84.5 % | -115.0 % |
ROI | 31.5 % | -14.3 % | 30.4 % | -25.4 % | -89.9 % |
Economic value added (EVA) | 260.83 | - 413.14 | 509.21 | -1 085.33 | -1 310.80 |
Solvency | |||||
Equity ratio | 57.5 % | 40.6 % | 46.1 % | 18.5 % | -27.1 % |
Gearing | 29.5 % | 50.0 % | 90.5 % | 383.8 % | -87.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 1.7 | 1.9 | 1.2 | 0.7 |
Current ratio | 2.4 | 1.7 | 1.9 | 1.2 | 0.7 |
Cash and cash equivalents | 22.49 | 27.99 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | B |
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